Brookfield, Wis.-based Fiserv, Inc., a global provider of financial services technology solutions, on Friday said Me/CU, based in Oklahoma City, Okla., has selected the company's Portico account-processing platform and an integrated suite of digital banking, payments and lending solutions.
The $165 million Me/CU, which has 13,500 members, said it will be moving to the Fiserv solutions to help gain efficiencies, enhance member engagement and support the growth of the credit union.
"We recognized that our existing core platform would not be able to evolve with us, so we decided to make a change to support our goals for growth," Agnes Berkenbile, president and CEO of Me/CU, said in a statement. "We chose Fiserv because their team demonstrated an unparalleled commitment to understanding and meeting our needs."
According to Fiserv, the software-as-a-service (SaaS) suite selected by Me/CU includes Portico for core account processing, Virtual Branch for online banking, Mobiliti for mobile banking, Mobile Source Capture for mobile deposits, CheckFree RXP for electronic payments, Loancierge for lending automation, Wisdom for accounting and call report functionality, and solutions for card processing and production. The integrated surround solutions can be managed through the core platform, the company added.
"The greater efficiency and automation we will gain with Portico will positively impact our staff, and translate into a better experience for our members," said Berkenbile.
"The right technology can enable credit unions to build deeper relationships with members, while increasing service efficiency and reducing operational risk," said Mark Sievewright, president of Fiserv's Credit Union Solutions division. "Working together, we will help Me/CU engage members and achieve its growth goals."
Me/CU was founded in 1934 and originally served municipal employees of Oklahoma City. More recently, it adopted a community charter to serve eight local counties.
More than one-third of U.S. financial institutions rely on Fiserv for account processing solutions.
